We have received information from our CPD participants that CPD points awarded by CTIM to those who attended the recent CTIM’s budget seminars were not recognised by MOF for the renewal of their tax licences. The reason being these seminars did not have substantial IRB input.
On being notified of this matter, our President, Mr SM Thanneermalai immediately spoke to the Head, Tax Analysis Division of the Ministry of Finance (MOF) on Saturday 12 November 2011 to appeal against these rejections on the basis that the Guidelines issued by MOF did not specify any such a requirement. CTIM has formally written to the Head , Tax Analysis Division on this matter on 14 November 2011. The Head has assured our President that she will try and resolve this matter as soon as possible after she returns from her overseas trip.
We will be pursue this matter on an urgent basis and try and get a positive result for all our members since we believe very strongly that we have good legitimate grounds for appeal. We will keep our members informed as the matter progresses
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